Closed$600,000
TLC ≈ $4,909/mo
3 2 1,932 sqft
145 E Cherry Street, Carteret, NJ 07008
56 Grant Avenue, Carteret, NJ 07008
$599,999
0 beds 2 baths — Built 19170 days on marketActive
About this home
Move in ready Multifamily home in Carteret. This property delivers both accessibility and long-term potential. Whether you're looking to generate passive income or live in one unit while renting the other, this is a smart addition to any real estate portfolio. This property sits on a prime location near shopping, schools, and highways. Unit 1 offers two bedrooms, with a brand new bathroom and new floors, freshly painted. Unit 2 offers two bedrooms, and a fully finished attic for recreational purposes. Partially finished basement with private entrance. No worries about parking, this home offers extensive parking can fit up to 4+ cars.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.
Your estimated payment
$5,703/mo
- Real estate (PITI + HOA + PMI)
- $5,403
- Utilities
- $571
- Transportation
- $136
- Other (entertainment)
- $157
Principal + interest$3,865
Property tax + insurance$1,313
PMI / 2nd mortgage$225
Heating + cooling$124
Internet + TV + phone$157
Water + sewer + garbage$58
Car insurance + maintenance$136
Budget$6,203/mo
Remaining after TLC$500/mo
Purchase price
$599,999
Down payment
$30,000 (5%)
Loan amount
$569,999
APR
7.19%
Quick facts
Type
2 Family
Style
—
Year built
1917
Lot size
0.0872 ac
Stories
2
Heating
Radiant, Radiators-Steam
Cooling
Ceiling Fan(s),A/C Wall Unit(s),A/C Window Unit(s)
Water
Public
HOA
—
Annual tax
$7,686
MLS #
2701116R
County
Middlesex
At a glance
Basement
Garage
Home features
Appliances
Water Heater(Gas)Water HeaterUnit 1(Range/OvenRefrigerator)Unit 2(Range/OvenRefrigerator)
Interior
Unit 1(2 BedroomsKitchen1 BathLiving Room)Unit 2(2 BedroomsKitchen1 BathLiving Room)
Exterior
BarbecuePorch(es) - OpenDeckSidewalkStorage ShedPorchPrivate Entrance
Community
Sidewalks
Parking
AttachedDetached4(+)Car Parking
Patio & porch
Porch(es) - OpenDeckPorch
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple
Lot features
Near Shopping, Near Public Transit
Neighborhood — 07008
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 22,957 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 15.00% | 14.00% | 20.00% |
| Population Density | 4,747 | 1,137 | — |
| Male | 11,200 | 4,307,827 | 147,432,321 |
| Female | 11,757 | 4,525,010 | 151,655,844 |
| Never Married | 5,108 | 1,965,811 | 63,775,926 |
| Married | 8,847 | 3,647,435 | 123,120,365 |
| Separated | 1,259 | 391,239 | 12,639,686 |
| Widowed | 1,590 | 515,172 | 15,467,586 |
| Divorced | 1,429 | 529,393 | 23,075,029 |
| Number Of House Hold | 7,780 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.89 | 2.73 | 2.60 |
| Medial Age | 36.92 | 37.15 | 35.46 |
| Median House Hold Income | $53,973 | $63,392 | $48,276 |
| Average House Hold Income | $61,282 | $83,312 | $63,629 |
| P C I | $21,545 | $30,662 | $24,529 |
| M D I | $45,382 | $52,505 | $41,133 |
| A T H E | $50,129 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 86.06% | 81.02% | 77.74% |
(Zip) Code
7008
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
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Listing information last refreshed 7/22/2026. Provided courtesy of UNITED R.E. OF NORTH JERSEY via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.